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A Liquidity Masterclass: Preparing For A Credit Cycle Downturn | Darius Dale

Inflection Point

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Nationalization and the Liquidity Cycle

Dariuszewski: Can we infer anything about BTFP and some of these rescue facilities rolling out? If we could kind of segue into where we are in the credit cycle, that'd be great. He says private sector liquidity cycle is headed for a deep and severe downturn. Drexler: We have private sector money deflation that will lead to public sector money reflation. And they don't realize that when you climb a mountain, all the other mountains look really close.

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